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CTT - CatchMark Timber Trust: Trees Keep Growing Payouts Should Keep Flowing
CatchMark Timber Trust Inc. Class A
The continuing COVID-19 crisis has wiped out many, many businesses, due to huge amounts of lost sales. Imagine if you owned a business dealing in perishable goods when this crisis hit.
A different side of this scenario is found in the timber business - where business has also slowed down, but those trees keep growing, creating more product to sell.
CatchMark Timber Trust (CTT) is a REIT which "seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill